via MISH: The Brookings Institute says Auto slowdown Flashes Caution Lights for Manufacturing Employment and Trump. A switch to self-driving, trends towards electric, and a glut of used cars are all in the spotlight....

Despite record incentive spending, constantly loosening lending standards and endless cheer leading from the “Big 3” U.S.-based auto OEMs, senior executives from Toyota and Nissan are convinced that the U.S. auto market has peaked. ...